Annual Distribution of Mental Health in Australia
Comparing the Costs
Claims for psychological injury are disproportionately higher in cost and duration than physical claim costs.
Comparing the Costs
Claims for psychological injury are disproportionately higher in cost and duration than physical claim costs.
Productivity and Absenteeism
- Wages paid to absent employees
- High-cost replacement workers
(overtime pay for other employees and/
or temporary workers) - Administrative costs of managing absenteeism
- Poor quality of goods/services resulting from overtime fatigue or understaffing
- Reduced productivity
- Excess manager time (dealing with discipline
and finding suitable employee replacements) - Safety issues (inadequately trained employees
filling in for others, rushing to catch up after
arriving as a replacement, etc) - Poor morale among employees who have to
“fill in” or do extra work to cover
absent coworkers
Direct Costs
- Wages paid to absent employees
- High-cost replacement workers
(overtime pay for other employees and/
or temporary workers) - Administrative costs of managing absenteeism
Indirect Costs
- Poor quality of goods/services resulting from overtime fatigue or understaffing
- Reduced productivity
- Excess manager time (dealing with discipline
and finding suitable employee replacements) - Safety issues (inadequately trained employees
filling in for others, rushing to catch up after
arriving as a replacement, etc) - Poor morale among employees who have to
“fill in” or do extra work to cover
absent coworkers
Modelling on Return on Investment
We will work with you to optimise your workplace health and safety strategy and model an accurate ROI based on your intervention and key metrics. However, the following gives
your some approx expectations.
PWC (2014) modelled various initiatives to facilitate better mental health in Australian workplaces which it estimated would deliver an average return to employers $2.30 for every $1.00 invested.
Similarly, KPMG and Mental Health Australia (2018) estimated a return to Australian employers which ranged from $1.30 to $4.70 for every $1.00 invested
PWC (2014) modelled various initiatives to facilitate better mental health in Australian workplaces which it estimated would deliver an average return to employers $2.30 for every $1.00 invested.
Similarly, KPMG and Mental Health Australia (2018) estimated a return to Australian employers which ranged from $1.30 to $4.70 for every $1.00 invested
Our promise: Beyond Awareness
Aspect Group goes beyond awareness. Our expanded offering includes scalable online mental health courses and workplace tools that build individual resilience, prevent burnout and contribute to psychologically healthy workplace cultures. Our team focuses on delivering a return on investment for organisations, combined with an exceptional, impactful learning experience for participants.
Aspect Group | One provider under one roof
We offer incredible value with our full suite of organisational psychology services. Aspect group now provides everything from strategic advisory, psychometric assessments for talent selection, leadership development and coaching and workplace mental health courses. We also offer our mental health courses online so that you can support your people wherever they are.
